| Error Type | DEQ | MRKCHRT | MICROSIM | DES |
|---|---|---|---|---|
| Structural | ✓ | ✓ | ✓ | ✓ |
Professor of Health Policy and Medicine, Vanderbilt University School of Medicine
Professor of Management, Vanderbilt Owen Graduate School of Management
Director, Vanderbilt Center for Health Economic Modeling
Microsimulation
Biases in outcomes due to unmodelled queues / resource contention can be addressed using DES!
Deterministic Models
|
Stochastic Models
|
|||
|---|---|---|---|---|
| Error Type | DEQ | MRKCHRT | MICROSIM | DES |
| Structural | ✓ | ✓ | ✓ | ✓ |
Deterministic Models
|
Stochastic Models
|
|||
|---|---|---|---|---|
| Error Type | DEQ | MRKCHRT | MICROSIM | DES |
| Structural | ✓ | ✓ | ✓ | ✓ |
| Estimation and sampling | ✓ | ✓ | ✓ | ✓ |
Can minimize or sidestep by choosing a specific modelling approach.
Deterministic Models
|
Stochastic Models
|
|||
|---|---|---|---|---|
| Error Type | DEQ | MRKCHRT | MICROSIM | DES |
| Structural | ✓ | ✓ | ✓ | ✓ |
| Estimation and sampling | ✓ | ✓ | ✓ | ✓ |
| Integration | ✓ | ✓ | ||
Deterministic Models
|
Stochastic Models
|
|||
|---|---|---|---|---|
| Error Type | DEQ | MRKCHRT | MICROSIM | DES |
| Structural | ✓ | ✓ | ✓ | ✓ |
| Estimation and sampling | ✓ | ✓ | ✓ | ✓ |
| Integration | ✓ | ✓ | ||
| Stochastic | ✓ | ✓ | ||
Deterministic Models
|
Stochastic Models
|
|||
|---|---|---|---|---|
| Error Type | DEQ | MRKCHRT | MICROSIM | DES |
| Structural | ✓ | ✓ | ✓ | ✓ |
| Estimation and sampling | ✓ | ✓ | ✓ | ✓ |
| Integration | ✓ | ✓ | ||
| Stochastic | ✓ | ✓ | ||
| Embedding | ✓ | ✓ | ||
Deterministic Models
|
Stochastic Models
|
|||
|---|---|---|---|---|
| Error Type | DEQ | MRKCHRT | MICROSIM | DES |
| Structural | ✓ | ✓ | ✓ | ✓ |
| Estimation and sampling | ✓ | ✓ | ✓ | ✓ |
| Integration | ✓ | ✓ | ||
| Stochastic | ✓ | ✓ | ||
| Embedding | ✓ | ✓ | ||
| Truncation | ✓ | |||
Deterministic Models
|
Stochastic Models
|
|||
|---|---|---|---|---|
| Error Type | DEQ | MRKCHRT | MICROSIM | DES |
| Structural | ✓ | ✓ | ✓ | ✓ (-queues) |
| Estimation and sampling | ✓ | ✓ | ✓ | ✓ |
| Integration | ✓ | ✓ | ||
| Stochastic | ✓ | ✓ | ||
| Embedding | ✓ | ✓ | ||
| Truncation | ✓ | |||
Source: Graves et al. (2021)